Question
Questions about the company you looked up the most recent 10K on SEC.gov EDGAR filings: 1. What state is the company incorporated in? (Hint: look
Questions about the company you looked up the most recent 10K on SEC.gov EDGAR filings: 1. What state is the company incorporated in? (Hint: look on the 1st page of the 10K) 2. Does the company use a calendar year-end or a fiscal year-end? What is Targets year-end? (Hint: look on the 1st page of the 10K) 3. What does the company call its Income Statement? (Could be Income Statement or Statement of Operations etc). 4. What are the units for dollars on the Income Statement? (Hint look in the heading or near the top of the Income Statement for dollars in ___________). 5. What is the companys Total Revenue for the most recent year? Were revenues better or worse than the two prior years listed for comparison purposes? 6. What was the companys Net Income for the most recent year? Was Net Income better or worse than the two prior years listed for comparison purposes? 7. What does the company call its Balance Sheet? 8. What is the reporting date on the Balance Sheet? 9. Calculate the numbers for the companys accounting equation using the data on the Balance Sheet. In other words, what are Total Assets, Total Liabilities and Total Stockholders Equity? (Hint you may have to add numbers on the Balance sheet to find Total Liabilities and Total Stockholders Equity/Investment). 10. Have the companys Total Assets increased or decreased compared to the two prior years listed for comparison.
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